Well Allen sales certainly did not disappoint. Sales were up by 33%. The average sales price climbed 12% while the median sales price rose 11%. Pending sales also showed a nice increase of 20% so it looks like December will be a good month. The number of new listings dropped 4% but the active listings increased by 7%. The months of inventory remains unchanged at 1.4 months.
As of the date of writing this post there is 1 home listed in Allen under $200,000.
About 30% of the MLS listings are builders new homes. The average listings price is about $600,000.
Sales: 117
Average Sales Price: $361,565
Median Sales Price: $310,000
Pending Sales: 128
New Listings: 102
Active Listings: 177
Months of Inventory: 1.4
Information provided by The Real Estate Center
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